๐ฅ Diesel is ripping. Russian risks are rising. And a crude blending shock is blindsiding refiners.
In this weekโs episode ofย Trade with Conviction, Neil Crosby steps in as host as the team tears into yet another volatile week in the oil market.
๐ Inside this episode:
> Russian strikes and why the market is not pricing the crude risk
> Diesel goes ballistic and the physical tightness behind it
> The Al-Zour outage and the crude blending problem no one expected
> Gasoline premiums surge as Europe runs tight
> Naphtha and propane moves that could flip Q1
๐ Listen now: https://t.co/sbkeyINoBt
๐ญ Thoughts or takes? Drop them in - we read everything.
#tradewithconviction #oiltrading #crudeoil #diesel #refining #oot
Valentina Shevchenko shares her thoughts on being underappreciated by MMA fans:
"You cannot please everyone... You have to choose what you stand for and keep being yourself.
You cannot be mad at someone because they have different opinions or because they don't know martial arts. You cannot be mad about them."
Even for those of you who don't believe in crypto and have tried to keep your distance. https://t.co/Qmmgzj2aBa via @Bob_Iaccino - @mgarnold - @jimiuorio
Tomorrow night on @netflix is the end of an era in WWE. Donโt miss the final episode of #WWERaw U will ever C ME perform in. No better stage than the iconic @TheGarden to chant โLetโs Go Cenaโ or โCena Sucks!โ
Whatever it is, The Last Time is Now because after this โฆ I canโt wrestle ๐
THE QUEEN STAYS THE QUEEN ๐๐
@BulletValentina defeats Zhang Weili by unanimous decision to REMAIN the flyweight champion of the world!
[ B2YB @ThorneHealth ]
My model 32 days ago: $12K spread.
Industry consensus: $8K mean reversion.
Reality: $20K.
Right direction. Conservative magnitude.
92% regime detection v. 78% traditional.
Thx @SparkCommo for the data๐
Analysis: https://t.co/1IJuh8KPkX
On To The Next One.
FVR
#LNG#EnergyTrading
#LNG#Freight rates reach YTD highs
- Spark30S (Atlantic) rose by $14.75k w-o-w to $82.75k/day - the highest since July 2024.
- Spark25S (Pacific) rates rose by $17.5k w-o-w to $62k/day - the highest since October 2024 and the largest w-o-w increase since September 2023.
@SparkCommo This spread validates the "Virtual Barrels" thesis on financial and geopolitical forces overwhelming physical fundamentals.
Traditional models predicted mean reversion.
Reality: regime shift.
Framework published 32 days ago: https://t.co/KDAdFQOnn5
On To The Next One.
FVR
JUST IN - Judge approves opioid settlement deal requiring members of Sackler family to contribute up to 7B and give up ownership of Purdue Pharma โ AP
Over 23 years youโve allowed me to have 544 matches on #WWERaw. The most in WWE history. My favorite match.. is my next one! Which will be our LAST ONE! Donโt miss our last chance to grace @TheGarden ring as we say farewell to RAW live, Monday night on @netflix at 8pm ET!